Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.2% APRpaid last 24h −0.031%
Price spread now: Ondo Perps against Paradex−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.069% cheaper against Paradex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,043.5 | 0.0116 | pay 0.0116% / 8h | 1h 48m | $2K | — | 5x |
| Short | Ondo Perps MU-USD.P | 1,042.8 | 0.0050 | get 0.0006% / 1h | 48m 04s | $2.0M | $2.7M | 10x |
Paradex MU-USD-PERP
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.74
- Price spread: −0.069% → 0.000%
- −$6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$29.65
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Paradex and Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MU on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0180% | 4h | 1,043.7 | +0.012% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.4 | −0.016% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043 | −0.056% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.2 | +0.158% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.3 | −0.023% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0001% | 8h | 1,043.3 | −0.019% | $30.7M | $104.5M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,043.4 | −0.012% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.9 | −0.057% | $1.1M | $4.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0032% | 8h | 1,043.8 | +0.027% | $21.5M | $47.0M | 20x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.688% | $14K | $302 | 12x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Aster MUUSD1
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.1 | −0.037% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.3 | −0.022% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.3 | −0.018% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,042.8 | −0.069% | $2.0M | $2.7M | 10x | |
| QFEX MU-USD | +0.0071% | 1h | 1,043.7 | +0.014% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0079% | 8h | 1,043.3 | −0.027% | $20.4M | $43.0M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.2 | −0.036% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.5 | −0.103% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.6 | +0.009% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.4 | −0.012% | $830 | $799 | 20x | as long as short |
| Variational Omni MU | +0.0105% | 8h | 1,043.7 | +0.017% | $2.6M | $2.7M | — | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,043.2 | −0.034% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERPlong | +0.0116% | 8h | 1,043.5 | long leg | $2K | — | 5x | |
| Binance MUUSDT | +0.0128% | 8h | 1,043.5 | −0.007% | $124.9M | $537.6M | 50x | as long as short |
| Lighter MU | +0.0176% | 1h | 1,043.1 | −0.046% | $1.0M | $4.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.8 | +0.028% | $756K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0186% | 1h | 1,042.6 | −0.087% | $303K | $849K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0192% | 8h | 1,043.7 | +0.021% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0202% | 8h | 1,043.5 | −0.008% | $19.1M | $32.5M | 100x | as long as short |
| Bullet MU-USD | +0.0242% | 1h | 1,043.5 | −0.003% | $26K | $399K | 10x | as long as short |
| BloFin MU-USDT | +0.0247% | 8h | 1,044 | +0.044% | $1.5M | $2.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0343% | 1h | 1,043.1 | −0.041% | $176.2M | $107.1M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.3 | +0.074% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.4 | −0.017% | $63K | $230K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.1 | +0.051% | $285K | $333K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0527% | 1h | 1,043.1 | −0.043% | $60K | $240K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0600% | 1h | 1,042.6 | −0.088% | $540K | $1.1M | 10x | as long as short |
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
QFEX MU-USD
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Variational Omni MU
Aevo MU-PERP
Binance MUUSDT
Lighter MU
Coinbase International MU-PERP-INTX
Nado MU-PERP
GRVT MU_USDT_Perp
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD